Centerra Gold Announces Attractive Economics on the Goldfield Project; Proceeding with Project Development and Construction Activities

The Goldfield Project is expected to have after-tax NPV_5% of $245M and IRR of 30%

This news release contains forward-looking information about expected future events that is subject to risks and assumptions set out in the “Cautionary Statement on Forward-Looking Information” below. All figures are in United States dollars unless otherwise stated. All production figures reflect payable metal quantities and are on a 100% basis, unless otherwise stated. For references denoted with NG, refer to the “Non-GAAP Financial Measures” disclosures at the end of this news release for a description of these measures.

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